2-bed · 1,391 sqftSafi Apartments 2A, Town Square · 1st floor · completed 2018

116, Safi Apartments 2A

Sold prices and rental history: sold twice, last in September 2025, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 116 · DLD and Ejari recordsUpdated 28 December 2025
Last soldAED 1.28M26 September 2025
Current rentAED 95K /yr28 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 116, Safi Apartments 2A

What is 116 worth today?

Last sold for AED 1,275,000 in 2025

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28 Dec 2025RentedNew contract
AED 95,000/yr12 months · AED 68 per sqft
26 Sep 2025SoldReady
AED 1,275,000AED 916 per sqft
23 Mar 2024RentedRenewal
AED 60,000/yr3 months · AED 43 per sqft
23 Mar 2023RentedRenewal
AED 60,000/yr12 months · AED 43 per sqft
23 Mar 2021RentedNew contract
AED 45,000/yr12 months · AED 32 per sqft
18 Oct 2019RentedNew contract
AED 65,000/yr12 months · AED 47 per sqft
25 Oct 2015Sold by developerOff-plan
AED 977,888AED 703 per sqft

Source: Dubai Land Department. Updated 28 December 2025.

Key facts

Type
2-bed apartment
Size
1,391 sqft
Floor
1st of 7
Parking
P-62,P-17
Developer
Nshmi Development
Completed
2018
Service charge
AED 21,300 /yr
Last sold
AED 1.28M · September 2025

About 116, Safi Apartments 2A

116 is a two-bedroom apartment of 1,391 sqft on the 1st floor of Safi Apartments 2A, a 7-storey tower in Town Square completed in 2018 by Nshmi Development. It last sold on 26 September 2025 for AED 1,275,000, or AED 916 per sqft, 11% below the AED 1,034 two-beds in the building were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 28 December 2025, is AED 95,000 a year: a gross yield of 7.4% on the 2025 price, before the service charge of about AED 21,300 a year.

Sales and rents for 116 over time

Sales
Unit 116, each saleTypical two-bed in Safi Apartments 2A
750K1M1.25M20152018202120242027Typical sale price by year: 2015 AED 806,388; 2016 AED 790,888; 2020 AED 780,888; 2022 AED 732,500; 2023 AED 765,000; 2024 AED 890,000; 2025 AED 1,100,000; 2026 AED 1,130,000Sold by developer, October 2015: AED 977,888 (AED 703 per sqft)Sold, September 2025: AED 1,275,000 (AED 916 per sqft)

116 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 116, each contractTypical two-bed in Safi Apartments 2A
50K75K100K20192021202320252027Typical rent by year: 2019 AED 52,000; 2020 AED 45,000; 2021 AED 45,000; 2022 AED 50,000; 2023 AED 57,750; 2024 AED 65,100; 2025 AED 80,000; 2026 AED 80,000New contract, October 2019: AED 65,000 a yearNew contract, March 2021: AED 45,000 a yearRenewal, March 2023: AED 60,000 a yearRenewal, March 2024: AED 60,000 a yearNew contract, December 2025: AED 95,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Safi Apartments 2A, and where 116 sits

All 97 2-beds →

116 last sold in September 2025 at AED 916 per sqft, 11% below what two-beds in Safi Apartments 2A were fetching at the time (AED 1,034). Over the last 12 months two-beds sold for AED 1,050,000 to 1,425,000, around AED 1,174 per sqft, and rent for AED 55,000 to 110,000 a year. 116's AED 95,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
21 Oct 20261,100,000
18 Aug 20261,130,000
10 Aug 202640,138
3 Jul 20261,050,000
10 2-bed sales in the last 12 months

Safi Apartments 2A

Building

153 apartments, 1-bed to 3-bed over 7 floors in Town Square, completed in 2018 by Nshmi Development. 15 sold in the last 12 months.

Typical price per sqft
AED 1,251 Up 6.6%
Typical sale
AED 1.15M
Typical rent
AED 81K /yr
Typical yield
6.8%
Safi Apartments 2A, Town Square: prices, sales and rents →

Other units on the 1st floor

All 153 units in Safi Apartments 2A
Value
1012-bedAED 978K · Sep 2015
1023-bedAED 1.5M · Jan 2024
1032-bedAED 1.43M · May 2026
1042-bedAED 780K · Oct 2015
1052-bedAED 891K · Apr 2017
1063-bedAED 1.33M · Sep 2017
1072-bedAED 1.14M · Jan 2026
1–7 of 19

116, Safi Apartments 2A in numbers

  • Sold twice: first on 25 October 2015 for AED 977,888, last on 26 September 2025 for AED 1,275,000 (AED 916 per sqft).
  • Rented since October 2019 on 5 Ejari contracts. The rent fell from AED 65,000 to AED 45,000 in 2021 and recovered to AED 95,000 by December 2025.
  • At AED 95,000 a year the gross yield on the 2025 price is 7.4%, before a service charge of about AED 21,300 a year (AED 15.28 per sqft).
  • Two-beds in Safi Apartments 2A sold for AED 1,050,000–1,425,000 in the 12 months to November 2026; the building's median across all types is AED 1,251 per sqft.

Source: Dubai Land Department. Updated 28 December 2025.

Questions about 116, Safi Apartments 2A

What did unit 116 last sell for?

AED 1,275,000 on 26 September 2025: AED 916 per sqft for 1,391 sqft. The unit has 2 registered sales; the first was AED 977,888 in October 2015.

What is the rent for unit 116?

AED 95,000 a year on the contract signed on 28 December 2025. The previous contract, from March 2024, was AED 60,000; the unit has been rented since October 2019.

How big is unit 116?

1,391 sqft (129.2 sqm): a two-bedroom apartment on the 1st floor of a 7-storey tower completed in 2018.

What is unit 116 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Safi Apartments 2A sold for AED 1,050,000 to 1,425,000 in the last 12 months, around AED 1,174 per sqft.

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Mortgage on 116, Safi Apartments 2A

Starts from the last sale price (AED 1.28M, 26 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,275,000
Deposit, UAE resident (20%)
AED 255,000
Deposit, non-resident (40%)
AED 510,000
Monthly over 25 years at 3.7%
AED 5,216

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →